JPMorgan Chase Kicks Off Coding Competition for College Students

College students camped out in JPMorgan Chase's (JPM) Manhattan headquarters over the weekend to compete in a coding contest where participants created tools designed to help local nonprofits. JPMorgan Chase will continue the series in Newark, Del. and Columbus, Ohio in early March.

Code for Good Challenges, the name of the contest, is designed to help nonprofits improve their operations while also exposing aspiring technologists to the biggest bank in the U.S.

Tech students, who competed on teams, developed apps aimed at tackling problems for Single Stop USA, an organization that helps students find federal aid to attend community college; Team Rubicon, a group that connects military veterans with emergency response teams; and Pencils of Promise, an organization that builds schools in the developing world. The student teams presented their creations to a team of judges that included tech execs from JPMorgan Chase on Sunday. During the final judging round, JP Morgan Chase's CEO Jamie Dimon, in a track suit, cameoed to wish participants well.

Some of the students who participated will receive intern offers.

The challenge follows the success of a similar contest that JPMorgan Chase held in the United Kingdom.

Meanwhile, banks nationwide are using social media tools to recruit young talent.

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